On Monday, Nifty 50 gained 0.76% to 25,010.60. 32 stocks gained while 18 declined. During the session, the 50 stock index achieved an intraday high of 25,043.80 — a smidge below the all-time high of 25,078.30. Hindalco Industries topped the gainers with a significant 3.90% rise, showing a robust performance in today’s market. HCLTech and …
On Friday, Nifty 50 had a volatile session and ended flat at 24,823.15, closing only 0.04% up from the previous day’s close. 21 stocks gained while 29 declined. Bajaj Auto topped the gainers with a significant 4.97% rise, showing a robust performance in today’s market. Coal India and Tata Motors also showed notable gains, increasing …
Nifty 500 closed 0.36% up at 23,139.75 on Monday. Caplin Point Laboratories witnessed a surge in its current price to ₹1845.95 from its last close at ₹1585.5, marking a percentage change of 16.43%. Top Gainers: Stock Current Price Last Close % Change Caplin Point Laboratories ₹1845.95 ₹1585.5 16.43% Godfrey Phillips India ₹5238.6 ₹4535.5 15.5% IIFL …
The head of one of Japan’s largest lenders will be visiting India this week with regard to the purchase of a stake in Yes Bank. What Happened: In yet another development for the private lender, the CEO of Sumitomo Mitsui Banking Corporation (SMBC), Akihiro Fukutome, will likely visit India to buy a stake in it, …
On Monday, Nifty 50 fell 0.08% to 24,347. 22 stocks gained while 27 declined and 1 remained unchanged. ONGC emerged as the top gainer with a 2.63% increase in its stock price. The stock closed at ₹341.30, a significant jump from its last close at ₹332.55. The stock gained after the Ministry of Petroleum and …
Shares of Bharat Dynamics were tanking at the bourses on Monday after the company’s June quarter results disappointed investors. The stock slumped around 20% to hit an intraday low of ₹1,222.35. What Happened: Bharat Dyanamics’ net profit tanked 82% year-on-year to ₹7.21 crore in the June quarter. Its operational revenue crashed 35% year on year …
Power Grid Corporation Of India posted its earnings for the quarter ended June late on Friday evening What Happened: The PSU’s net profit for the June quarter came in at ₹3,723.92 crore, an increase of around 3.5% compared to the ₹3,597 crore posted in the same quarter last. The company’s revenue for the June quarter …
Shares of FMCG stocks ITC, Hindustan Unilever and Godrej Consumer were up in the black on Tuesday, as Finance Minister Nirmala Sitharaman announced a slew of measures to boost rural consumption in the Budget speech. What Happened: Nirmala Sitharaman allocated ₹1.52 lakh crore for agriculture and allied sectors. The government will also allocate ₹3 lakh …
Mutual funds reduced their stake in the Indian Renewable Energy Development Agency. Mutual funds such as Nippon India, SBI and Shriram Finance exited the stock. What Happened: The latest shareholding data shows Mutual fund holdings in the stock reduced to 0.24% with only 4 funds having shares in the company in the quarter compared to 0.53% …
Bharat Electronics Limited (BEL) has secured export orders worth Euro 25.75 million, estimated to be around ₹230 crore. What Happened: The orders, as per an exchange filing on Friday, were received from Thales Reliance Defence Systems (TRDS) for the production and supply of Transmit Receive (TR) modules. These modules are expected to be used in …